Indonesiaâs trade ministry has decided to postpone for six months the application of rules mandating that coal and crude palm oil export shipments use Indonesian insurers, the countryâs leading coal industry association said.

It would be the second time that the application of the rules, due to come into effect on Aug. 1 and intended to support Indonesiaâ s shipping industry, has been postponed.

âEverbody is very anxious,â Sinadia said, referring to coal buyers and exporters.

The government has not given guidance on how coal sellers can impose Indonesian rules on shipments sold on a free-on-board (FOB) basis, which currently constitute the vast majority of Indonesiaâs coal exports, Sinadia said.

Under FOB contracts, insurance is the responsibility of the buyer, Sinadia said.

Trade Minister Enggartiasto Lukita is expected to formally announce the decision on his return from a visit to the United States, he said.